Issue - decisions
Annual Replacement Programme 21/22 - Domestic and Commercial Bins
02/06/2021 - Annual Replacement Programme 2021 to 2024 - Domestic and Commercial Bins (Cab.2.6.2021/12)
RESOLVED:-
1. that the bin replacement programme for domestic and commercial bins for 2021-2024 be approved; and
2. that the estimated annual replacement programme will result in capital expenditure of £0.300m per annum from 2021-2024; finance officers have assessed and the most cost-effective funding mechanism in respect of this programme will be prudential borrowing. The bins will be financed over a period of ten years per tranche which reflects their useful life and is in keeping with previous replacement programmes.